Morocco Rigid Plastic Packaging Market Size

Morocco Rigid Plastic Packaging Market Analysis

The Morocco Rigid Plastic Packaging Market size in terms of shipment volume is expected to grow from 0.17 Million metric tons in 2024 to 0.19 Million metric tons by 2029, at a CAGR of 2.23% during the forecast period (2024-2029).

Due to its economic and political stability, openness to trade and investment, and strategic location, Morocco has emerged as a regional hub for international companies operating across Africa, the Middle East, and Europe. The country's market-driven economy, especially in the food sector, sets it apart from its regional neighbors and significantly influences its packaging industry.

• The World Bank projections indicate a positive trajectory for Morocco's GDP growth in the coming years. Specifically, real GDP growth is anticipated to hit 3.1% in 2024, 3.3% in 2025, and 3.5% in 2026. Such growth rates bolster Morocco's status as one of North Africa's fastest-growing economies, a factor likely to invigorate its plastic packaging industry.
• Tourism is pivotal in Morocco's economy, especially in bolstering the food industry. The United States Department of Agriculture (USDA) highlights the dominance of quick-service restaurants (QSR) and fast-food chains in Morocco. Notable brands such as Pizza Hut, Domino's, McDonald's, Burger King, KFC, and Starbucks have established a robust presence in key cities such as Casablanca, Rabat, and Marrakech. This prominence drives the demand for rigid plastic packaging solutions, including trays, containers, bottles, and jars.
• The rise of French-style bakeries and cafes in Morocco's culinary landscape further fuels this demand. French and Spanish restaurants, which are popular among tourists, especially those serving alcohol, witness significant patronage, further driving market growth.
• Local manufacturers, such as Alpla Group and Plastipak Holding GmbH, are at the forefront, crafting customized PE and PET bottles, containers, caps, and closures. Their innovative packaging solutions cater to diverse sectors, including food, beverages, pharmaceuticals, personal care, and industrial applications.
• Despite this growth, Morocco grapples with challenges stemming from its rising plastic consumption. This surge has led to heightened plastic pollution, dampening the demand for plastic packaging. The National Institute of Health notes that Morocco ranks as the 10th largest plastic producer in Africa. However, the nation faces a pressing challenge: the escalating plastic pollution is jeopardizing its terrestrial and aquatic ecosystems, posing a significant hurdle to market expansion.